S.African regulator working to clarify companies’ rights in pandemic insurance claims

JOHANNESBURG, Aug 6 (Reuters) – South Africa’s financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether insurers should pay rejected claims from firms hit by the impact of the coronavirus, it told Reuters on Thursday.

AXA Mansard TVC harps on insurance benefits while insured is still alive

He said, “NAICOM is impressed with the commercial because we believe this is the direction that we should be moving in the industry. We have always had adverts or creatives that talk about disasters and deaths. This has scared the people away from taking insurance. We are proud of this advert that gives benefits while […]

Daily horoscope for Wednesday August 12 — here’s what the stars have in store for you today

Conflict can turn to cooperation if that’s what you want – but you’re also able to walk away. Do some thinking before you make any choice.

Daily horoscope for Monday August 10 — here’s what the stars have in store for you today

If you have been a little half-hearted in a health change, this week starts with a new you, with strong focus and the ability to stick to a routine.

Asia Today: New Zealand reports 1st local cases in 102 days

“These three days will give us time to assess the situation, gather information, make sure we have widespread contact tracing so we can find out more about how this case arose and make decisions about how to respond to it once we have further information,” Ardern said at a hastily called news conference late Tuesday.

Depts of school and higher education need to work closely to send every child to college: Sisodia

While Rai has taken over school education from Binay Bhushan, Haque has replaced SS Gill in higher education. Sisodia said both outgoing officials had made significant contributions to the education sector in Delhi, including revamping schools and increasing seats in colleges.

Asia Today: Victoria adds 21 deaths, Singapore clears dorms

— South Korea reported 54 new cases of COVID-19 as health authorities scramble to stem transmissions amid increased social and leisure activities. The figures announced by South Korea’s Centers for Disease Control and Prevention brought the total cases to 14,714, including 305 deaths. The center says 35 of the new cases were local transmissions, all […]

Bounce, Vogo, Drivezy hardest hit by Covid-19 turn to layoffs, salary cuts

Companies, however, cited that such measures are mainly to keep businesses running as there is no certainty as to when things will return to normal. ET has reviewed the termination letters.Online insurance firm Acko has laid off around 50 employees, a majority of whom work in the customer service, operations, sales and marketing segments. Responding […]

Trump’s trade war with China may hit parts of your car first

NEW DELHI: The US-China trade war threatens to make September a very slow month at E.D. Opto Electrical Lighting Co.’s auto-parts factory in the eastern Chinese city of Zhenjiang.With President Donald Trump slapping tariffs on items like car gaskets and ignition wiring sets in July, American buyers of the company’s LED car lights pushed hard […]

Old Mutual makes acting CEO permanent, a year after sacking predecessor

It endured a series of losses early on in litigation bought by its former boss, including a block on seeking his replacement. These have been overturned, but Moyo still plans to pursue a case seeking permanent reinstatement or damages.